Now that all look books are out and stores are stocked, it's time to burn that money. Read on as BallerStatus walks you through some of the hottest new stuff out.

Jhung Yuro's Hennessy Celebration Hi-Top
Price: $300
Buy it: JhungYuro.com.
N.Y. Luxury lifestyle designer Jhung Yuro recently created a one-of-a-kind pair of limited edition sneakers for famed cognac brand Hennessy, called The Hennessy Celebration Hi-Top. This extremely stylish and unique shoe is a Jhung Yuro original and celebrates the growing subculture of the luxury sneaker world. "Sneakers are becoming the new American luxury item and the impact of having our own sneaker is major," says Donae Burston, regional marketiing manager for Hennessy. "With this collaboration, Hennessy and Jhung Yuro continue their tradition of offering only the finest for those with discerning taste."

The Hennessy Celebration Hi-Top is made from soft full grain leather with a cow suede tongue and vamp, napa pigskin interior and a lizard embossed overlay and strap. Color blocked with cognac brown and cream, the sneaker has a non-marking rubber midsole, crepe rubber outsole with leather logo patch, deco stitch and will be packaged in an exotic skin embossed shoebox with a braided rope shoebox handle. It is limited to just 500 pairs in the US.

Eastpack's Summer Line
Buy it: Eastpack.com
Eastpack is back at it with an impressive summer collection. This summer the pre-eminent bags specialist -- known for its style, toughness and functionality -- brings styles that are contemporary, organized and resilient. Whether you're looking for an organized backpack, weekend duffel, holiday roller or a trendy accent pieces, Eastpack has all tastes are catered for this season.

The lines we really enjoyed are the Authentic Scrap collection, which features prints that are inspired by the fusion of elements such as typography, photos and craft style prints, which deliver unique print ways. The Pinnacle bag (left photo) features a heavily typographic style using modern shades of blue and grey, utilizing denim to foil the base Cordura fabric of the bag. Another noteworthy item is the Getter bag (right photo), which is part of the Urban Action line -- a fresh range of bags ideal for urban explorers who are street smart and constantly on the go. The bag comes in four color schemes and features a roomy main compartment with a laptop sleeve, four zippered pockets, as well a webbing skate straps from which the top one can be tucked away.

Breezy Excursion: I Love This Game, Vol. 2
Price: $32 - $52
Buy it: KarmaLoop.com
San Jose based Breezy Excursion is a young clothing company that often tries to portray nostalgic memories that relate to 80s babies. They want to bring back childhood memories for the customers and their peers when they see or wear the brand. The creative team is always out to provide consumer happiness. And they sure made us happy with their fresh "I Love This Game, Vol. 2" collection. The collection is dedicated to unsung basketball themes that needed to be brought to light all over again. Some of the pieces to check out include Breezy's revival of Monstars, Letterman B and Eastern/Western Conference.

iPod (3rd Generation)
Price: $76.99
Buy it: Amazon.com
In mid-March Apple dropped their brand new, third generation iPod shuffle, revealing a brand new, sleeker, more compact design. The new version weighs in at about one pound, and is 5x5x1 inches. The company dubs it the "World's Smallest Music Player," and it looks like it is. The shuffle is now available in 4 GB capacity, allowing up to 1,000 songs. With the reputation the iPod has, it's like preaching to the choir when we tell you, this is a must.

Cashletes
Buy it: Cashletes.com
Cashletes is the official team merchandise of The League of Financial Champions, and is a product of love for the game and dedication of higher earning. These skilled money-makers bring you three signature series, each representing a state that has its own professional team. The first drop consists of the New York Paper Chasers, Washington Dead Presidents, California Rushers, and The Atlanta Bankheads and each come with caps, tees, and jackets.

Our favorite is the New York Paper Chasers jacket; a poly/cotton jacket with contrast snap front closure and satin lining, knit cuffs and waistband, front slash pockets and an inside pocket. The black/silver/white jacket features embroidered team logo patches and Cashletes sleeve embroidery. "The team is inspired by New York City, which is known as the financial capital of the world, money makin' Manhattan, and pretty much the center of everything," Cashletes founder AJ Camara told BallerStatus. "Anyone who wants to make it big looks to New York to make it happen. They keep the city running and they are the 'Paper Chasers' that make New York famous for everything it’s famous for."

"The goal is for each team mascot to become a widely recognizable icon, and making the Paper Chasers mascot distinguishable from any typical dollar bill character ever created helps in doing so," he continued. It's all about the Benjamins, baby!

Eternal's Spring 2009 Woman's Collection
Price: $30 - $72
Buy it: SolisCompany.com
Eternal is a lifestyle streetwear brand with a large men's line, but this spring, they introduced a new women's line, which offers stylish, colorful tees and hoodies. Beyond the brands progressive, graphic driven product, Eternal represents a movement -- individuals, athletes, artists and women who have formed community in their pursuit of evolving the way the world sees itself. The Grow and Peacock tees, as you can see in the photos, come in white, with pink and blue/purple colors, while the hoodie is a black zip-up that features Eternal's logo in rhinestones.

Chilly-O: Spring/Summer 2009
Price: $28 - $48
Buy it: ChillyO.com
Chilly-O Clothing is set to release new pieces from their Spring/Summer '09 collection. The Scuba Head shirt (pictured to the left) is a part of their exploration thinking, as it relates to new realms, universes or culture with a vicarious sense of fantasy, while The Dream Warrior shirt (pictures in the middle) states "Protect your dreams, never let divisive forces pull you away from your goal. Be a dream warrior." The hip-hop inspired Boom Bap shirt (pictured to the right) was dedicated to the eloquent sounds of big city living. Boom Bap is defined as a style of hip-hop signified by a hard bass drum and snapping snare that is often at the forefront of the beat. The company says these new pieces are available in very limited quantities and will not be reprinted.

Zoo York Spring '09 Line
Buy it: ZooYork.com
Zoo York's apparel line has always been inspired by NYC's cultural mash-up and unbreakable spirit, with signature style cues pulled from skateboarding, graffiti, hip-hop, punk rock and everything in between. For their new Spring line, the company presents a more sophisticated, tailored look for tops and bottoms that is rooted in classic work wear. Several new textured fabrics debut this season and a vibrant color palette gives the line greater depth and dimension. The brand continues to use impactful graphics that feature iconic Zoo York imagery, but also offers a wide range of prints and patterns. Check out the checked Mercury Lounge blouse, women's Rev Empire Light hooded fleece and blue/grey/black Crew Stack track jacket.

K1X Baller Bags
Buy it: K1x.com
By ballers, for ballers -- that's K1X, the numero uno basketball-lifestyle brand worldwide. The bag line contains three essential bags to take your game both on, and off-court -- backpack, messenger bag and game bag. All three distinguish themselves by slick exteriors, while fully loaded with technical features for superior performance: extra long shoulder straps; compartments for your PSP, phone, mp3 player, kicks, ball and or shades; headphone pouch; and cool drink box. With its special strap construction that hides all cables of an mp3 player, the backpack is the ultimate bag for music lovers. The wide range of compartments and removable mesh-sack for laundry make the game bag is the ultimate carrier bag for ball players.

Nike Air Jordan VI Motorsport Edition
Buy it: OSneaker.com
To commemorate the Jordan Motorsport Race Team, the Jordan brand has created an exclusive sneaker that has been issued to five-time AMA national champion Aaron Yates and the rest of the Motorsport Team. The Jordan team derived a passion for road sports and have developed products that have helped promote their efforts in developing a motor sport team. The Air Jordan VI is one of the most famed and legendary Jordans of all-time, and each new colorway is greeted by the sneaker community with boundless enthusiasm. In a similar vein, the color schemes of Air Jordans put out by Michael Jordan Motorsports each year are anticipated with a similar amount of reverence, and this latest drop of Air Jordan VI's celebrating the sixth year of Jordan Motorsports looks to do both legacies justice.

10.Deep Nineteen Ninety-Now! Collection
Buy it: Karmaloop.com
Through bold graphics and quality design, 10.Deep creates apparel that intelligently conjures thoughts of movements, individuals, and ideologies of days past and present. With the release of their Nineteen Ninety-Now! collection, the New York based street brand is going back to former days -- a period when street style was based on adopting the preppy sportswear brands of the penny loafer generation and injecting it with a large dose of swagger. The 10.Deep team stepped back in time and put together a suitable yearbook-styled theme, complete with class photo in the gym. This Nineteen Ninety-Now! delivery offers a wide range of garments such as button-ups, modified fleece bodies, cardigans, and outerwear with graphic representations of an era where social consciousness and a sense of personal style were king.

The Freshnes
Price: $24.99
Buy it: TheFreshnes.com
The Freshnes recently released some new, dope sports and hip-hop inspired tees. The 1985 Crewneck (left) is inspired by basketball legend Michael Jordan. "Growing up in the 80s, it was all about Magic vs. Bird, Lakers vs. Celtics. Being from L.A., obviously I was a Lakers fan," The Freshnes owner Nestor Hernandez told BallerStatus. "The showtime era was great, but one day -- while at an indoor swap meet -- I saw the freshest pair of kicks I had ever seen. It was the Jordan 1's, the black/red ones. That did it for me. The swag, the gold chains, the kicks, everything about him made me switch it up in an instant and become a Bulls fan, more so an MJ fan. Haven't looked back since."

Check out the Jigga inspired "Hands Up" shirt and the "Smokin' Bully" shirt: a tribute to Chicago that fuses Kanye West's shutter sdades and the Bulls mascot. "Icing on the cake was the 'Chicago's Finest' underneath it," says Hernandez.